GP Petroleums Limited has informed the Exchange about Re-appointment of Internal Auditors of the Company for the period FY 2026-27.
GULFPETRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
GP Petroleums Limited reported FY2026 standalone revenue of Rs. 64,261 Lakhs, up 5.4% from Rs. 60,984 Lakhs in FY2025. Profit after tax grew marginally to Rs. 2,647 Lakhs from Rs. 2,632 Lakhs, with basic EPS at Rs. 5.19. The Board re-appointed M/s PNG & Co. as Internal Auditors and M/s Dilip M. Bathija as Cost Auditors for FY 2026-27. Key appointments include Mr. Ashish Garg as VP Operations & Supply Chain Management (Senior Management Personnel), Mr. Dilip U Vaswani elevated from Senior Advisor to Additional Non-Executive Director, and Mr. Sukumaran Jeyakrishnan appointed as Additional Non-Executive Independent Director. Mrs. Deepa Goel resigned as Non-Executive Director effective May 27, 2026. Statutory auditors J Mandal & Co. LLP issued an unmodified opinion. An exceptional item of Rs. 326 Lakhs relates to incremental employee liability under new Labour Codes. The company also proposed acquiring adjoining land at Raliawas, Haryana from a related party.
The resignation of Mrs. Deepa Goel is a board composition change worth noting, though the overall governance structure appears stable with new director appointments. Financial performance shows steady growth with revenue up but PAT nearly flat due to exceptional items. No immediate material impact on stock expected from routine auditor re-appointments.